Decision 73/2

The Executive Committee decided:

1. To note:
   1. The report on balances and availability of resources contained in document UNEP/OzL.Pro/ExCom/73/4;
   2. That the net level of funds being returned to the 73^rd meeting by the implementing agencies against completed projects was US $4,139,113, which included: US $244,378, plus agency support costs of US $41,057, from UNDP; US $271,563, plus agency support costs of US $27,974, from UNEP; US $767,378, plus agency support costs of US $58,978, from UNIDO; and US $2,143,080, plus agency support costs of US $584,704, from the World Bank;
   3. That the net level of funds being returned to the 73^rd meeting by the implementing agencies against projects completed by decision of the Executive Committee was US $1,014,384, which included: US $34,137, plus agency support costs of US $2,560, from UNDP; US $422,703, plus agency support costs of US $54,952, from UNEP; US $408,252, plus agency support costs of US $30,640, from UNIDO, including the partial return of US $250,000, plus agency support costs US $18,750, from a project for Tunisia (TUN/PHA/68/INV/54); and US $56,874, plus agency support costs of US $4,266, from the World Bank;
   4. That UNIDO had balances totalling US $30,192, excluding support costs, from projects completed over two years previously;
   5. That the Government of France held balances from four completed projects and one project closed over two years previously, totalling US $378,985, excluding support costs, which would be offset against France’s future approved bilateral activities;
   6. That the Government of Italy held balances from one project completed over two years previously, totalling US $2,677, excluding support costs;
   7. That the Government of Israel held balances for one project completed over two years previously, totalling US $68,853, excluding support costs;
2. To request:
   1. Bilateral and implementing agencies with projects completed over two years previously to return the balances to the Fund by the 74^th meeting;
   2. Bilateral and implementing agencies to liquidate or cancel obligations not needed for completed projects and projects completed by decision of the Executive Committee in order to return balances to the Fund by the 74^th meeting as follow-up to decision 70/7(b)(ii) and (iii) and decision 71/11(b);
   3. Bilateral and implementing agencies to return balances from all closed projects to the Fund by the 74^th meeting; and
   4. UNEP to return all unobligated balances to the Fund by the 74^th meeting.